Wednesday 12 May 2021

Pfizer warns Australia a Covid vaccine patent waiver could harm supply and safety

The pharmaceutical giant argues waiving intellectual property protections could see scarce inputs snapped up making it harder to produce vaccines * Full Story podcast: Is Australia stopping the world’s poorest nations from accessing cheap vaccines? * What is patent waiving and will it solve the global shortage? Pfizer has warned Australia against joining a growing push to waive the intellectual property protections for Covid-19 vaccines, arguing it could actually harm vaccine supply and invite less safe copycats. Pfizer Australia made the submission to a parliamentary inquiry into vaccine fraud, arguing that open-slather production could see scarce inputs snapped up making it harder to produce its vaccines, which form a large component of Australia’s rollout. Continue reading...
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